Bearish flow noted in Duke Energy with 1,963 puts trading, or 2x expected. Most active are Jan-24 110 puts and Sep-23 90 puts, with total volume in those strikes near 800 contracts. The Put/Call Ratio is 1.76, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 2nd.
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Read More on DUK:
- Duke Energy price target lowered to $98 from $105 at BMO Capital
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- Duke Energy reports second-quarter 2023 financial results
- Duke Energy backs FY23 adjusted EPS view $5.55-$5.75, consensus $5.63
- Duke Energy reports Q2 adjusted EPS 91c, consensus 98c